Inside IBM earnings: Global Business, Technology Services help Big Blue beat Street
We expect IBM to invest in DT sales and delivery talent to improve signings and achieve sustainable and profitable revenue growth.
GBS reported growth of 4.1% in 4Q18 as IBM Services’ technical and industry expertise resonate well with clients, transitioning its pipeline to revenue growth. GTS revenue declined 3.8% during the quarter, following declines in technical support services, offsetting growth from IBM Cloud Private adoption. — Kelly Lesiczka, Research Analyst
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